OpenSea Saw a 646x Increase in Trading Volume in 2021

Key Takeaways Transaction volume on OpenSea surpassed $14 billion in 2021, up by a factor of 646 compared to 2020. Top collections such as Bored Ape Yacht Club and Decentraland accounted for... Read more »

More billionaires turning to crypto on fiat inflation fears

Previously anti-crypto investors are increasingly turning to Bitcoin and its brethren as a hedge against fiat currency inflation concerns. One example is Hungarian-born billionaire Thomas Peterffy who, in a Jan. 1 Bloomberg... Read more »

Bitcoin hashrate recovers, reaches new ATH

At the peak of China’s crackdown on Bitcoin miners and trading activities within its jurisdiction last year, the Bitcoin mining hashrate declined to an all-time low of 58.4 million terahashes per second... Read more »

Power Outages in Russia’s Irkutsk Region Blamed on Home Miners

Russians mining cryptocurrency in their homes have been blamed for the problems with the electricity supply in Irkutsk. Power outages have become a frequent occurrence in the region which maintains the lowest... Read more »

What’s ahead for crypto and blockchain in 2022? Experts Answer, Part 2

Alan is the chief legal officer at PrimeBlock, a sustainable Bitcoin mining operation, infrastructure solutions provider and member of the Bitcoin Mining Council, with locations spread across North America. “We’re going to... Read more »

Ethereum Project Airdrops Scam Token, Then Pulls the Rug

Key Takeaways An analytics webiste called EtherWrapped launched an airdrop for active Ethereum users earlier today. The team used the airdrop as bait to lure traders into buying its token, and later... Read more »

How Cronos gained $1 billion+ TVL in a month

Cronos is a new chain whose TVL reached $1.5 billion on December 13th, just one month since its Nov. 8 mainnet beta launch.  Cronos isn’t any new crypto project—it’s Crypto.com’s solution to... Read more »

India’s Central Bank RBI Discusses Digital Currency and CBDC Launch With Minimal Impact on Monetary Policy

India’s central bank, the Reserve Bank of India (RBI), says a basic central bank digital currency (CBDC) model must be adopted initially and tested comprehensively to minimize the impact on the country’s... Read more »

President Bukele predicts Bitcoin $100k rally, further legal adoption and more

Last year, El Salvador became the first country to adopt Bitcoin as legal tender under Bukele’s presidency as a countermeasure to the growing inflation in the country. Since legalization, the president acquired... Read more »

Indian Regulator SEBI Wants Mutual Funds to Stay Away From Crypto Investments Until Legislation Is Finalized

The Securities and Exchange Board of India (SEBI) has reportedly asked mutual fund companies not to get involved or invest in any type of crypto asset-based investments until the Indian government has... Read more »